Point electricity rates and energy plans
Whether a business owner, new resident, or long-time citizen of Point, use of this comprehensive guide will enable you to find your best solution for an electricity plan.
Time to read: about 7 min
Sections in this guide:
Click on a section below to jump directly to it:
- Point Electricity Rates Table (live 24/7 updates)
- Electricity Price Trends in Point (average kWh price chart)
- How to find the best energy plan in Point (know your usage!)
- Moving to Point: Setting up Electricity (how to choose the right plan)
- Switching electricity companies in Point (how to choose the best plan)
- Point Energy Companies
- No-Deposit Electricity Plans in Point
- Point Business Electricity Plans
- Point Utilities (and how to report a power outage)
Point Electricity Rates Table
As a resident or business owner within Point, you have the power to choose the electricity provider that best meets your specific needs.
ComparePower is a free consumer service established in 2009 to help residents of Point shopping for their best electricity plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Competing plans from several different energy companies are displayed in a convenient format that makes comparing your options simple and fast.
This assists Texas energy customers avoid hidden markups and advertising gimmicks by comparing plans “apples-to-apples” without throwing away hours and hours making phone calls or sorting through hundreds of different online sites.
69 Point Electric Rates
These live rates for Texas New Mexico Power (TNMP) service area were updated on . Pricing shown is based on an exact usage of 1000 kWh.
Electricity Price Trends in Point
Electricity in Point, Texas, has been deregulated. As a consumer of energy, you have a choice when it comes to choosing a retail electricity provider (your energy company), which gives you control and power over your energy bills.
Deregulation of electricity in the state de-monopolized the energy market for the majority of Texas, the city of Point included, which introduced lots of competition.
As a result, many fantastic energy companies compete for your business in Point by offering low-rates, making it a great time to shop, switch, and save money on your power statement.
As many as 100+ providers compete for your business in Point and there are hundreds of plans to select from.
Average Electricity Rates in Point, Texas
This chart is compiled using data from the U.S. Energy Information Administration (EIA.GOV).
The average price for electricity in Texas in 2017 was 11.4 cents per kilowatt-hour (kWh).
There are fixed-rate plans for Point residents on ComparePower with rates as low as $0.08
How to find the best energy plan in Point
#1 rule: Determine what your usage is!
Knowing how much energy you will use each month is the best way to shop for energy in Point. Why does this matter?
The rate you see electricity companies advertising is for an exact monthly usage (typically 1000 kWh).
Every plan has a different equation for how your monthly statement is computed, and your monthly bill will be determined by how much energy you use in a month.
Unless you match the exact advertised usage each month, you will end up paying an effective “price per kWh” different than what you observed when you signed up.
Fortunately, there’s a better way to shop for energy plan.
Calculating your expected monthly bill based on estimated monthly usage, then comparing rates by total monthly bill, is the best way to shop for the best rate for you.
Better yet, if you have 12 months of usage history for your household, you can compare plans by total annual cost. This annualized method takes into account the changes in usage between summer and winter months and is the absolute best way to determine the right energy plan for your home.
ComparePower does all the complicated math for you instantly. What takes hours on a spreadsheet is now done in a few seconds.
We put the power in your hands, taking what would amount to hours of investigation, spreadsheets, and computations across hundreds of plans and assist you step-by-step to the energy plan that’s best for your home’s consumption.
We clarify the fine print, disclosing all fees and charges, so you’ll know exactly where your money is going and what to expect on your bill.
We then help you in ordering your plan with your selected power provider without ever having to leave our service.
The take away here is you must determine your expected or historical usage before picking the right energy plan for your home.
If you don’t know your usage, estimate
If you recently purchased a home or business, or you cannot obtain 12-months of usage history, you can always estimate the average amount of energy that you will use in any given month.
While not as optimal as having all previous 12-months of usage, estimating your average usage is better than blindly choosing the first plan you see advertised by an energy company at a specific usage that isn’t what you’ll consume.
Use ComparePower to find the best energy plan for your specific usage.
Ready to find the best plan for your household? Enter your zip code to get started:
Moving to Point: Setting up Electricity
If this is your first time setting up electricity service in Point, to get the best rate you need to get the previous 12-months of energy usage for your new home.
Ask the previous home-owner to provide you with their past 12-months of usage.
This information is readily found in recent billing statements.
It may take some effort to acquire usage for the past 12-months, but the time (and savings) will be well worth it.
Once you have historical usage, ComparePower will do the math instantly to help you find the best plan for your home’s usage pattern.
Note: If you are unable to obtain historical usage information, a second option would be to estimate your future usage via utilizing our “Help Me Choose” tool. By simply entering your zip code the tool will be able to assess your home’s projected electricity consumption.
Sign-up for a plan instantly through ComparePower. We will remind you when its time to come back to switch and save at the end of the plan length you decide on.
Ready to get started? Enter your zip code below, and we'll guide you to the best energy plan for your new home.
Switching electricity companies in Point
Switching is good. Market conditions are always changing, so it is essential to shop for a lower price each year when your contract is about to expire.
Your existing energy company will normally raise your energy rate once your contract expires. If you fail to take action, you’ll be left on a month-to-month rate that is significantly more than the plan you signed up.
Before renewing your contract make sure to check the rates of competing energy providers.
Switching can save you hundreds or thousands of dollars each year on your energy bill.
Switching is easy:
- You don’t have to contact your current company to cancel (no “break-up call”)
- No one comes to your home
- There is no disruption in your power supply
- It takes just minutes
When you make the switch, your new electricity company will take care of everything for you including canceling service with your previous provider.
There is no loss of power when you switch. Electricity in Point is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch electricity companies. Therefore the reliability of your service is not affected.
You can pick any date within 14 days of your contract expiration date without an “early cancellation” fee. That’s Texas Law.
If you’re still under contract, find out how many months remain on your contract. You can set a future start date with most providers up to 6o days in advance.
And even if you’re well inside your contract, savings achieved on your monthly bill by switching companies may outweigh the fee to break your existing contract.
If you are unsure email us your latest energy bill and one of our team members will get back to you promptly with your best options.
If you’re ready to switch and would like to know how to find the best plan remember that knowing your usage is the best way to find the truly best price.
You will want to gather your past usage for the past 12 months to determine the best plan with the lowest rate for your household.
Ready to find the best plan for your household's usage? Enter your zip code to get started:
Point Energy Companies
Are you trying to find an excellent electricity company in Point?
You can sign up for service with great electricity providers such as TXU Energy, Reliant, Direct Energy and more.
Click on the provider of your choice to view prices, learn more, or sign up.
|Energy Companies in Point||Phone Number|
|First Choice Power||888-458-6877|
No-Deposit Electricity Plans in Point
Need to find an energy plan in Point that doesn’t require a deposit?
If your first choice of plans charges a deposit, ComparePower will automatically show you additional plans that require no money down.
Instead of calling around energy providers or browsing through websites to determine if different electricity companies require a deposit, this will save you a tremendous amount of time and effort.
Working for you, we will instantly review any deposit requirements for other plans, allowing you to get power and return to your every-day activities stress-free.
Get your lights turned on the same day with No Deposit. Enter your zip code to get started:
You may be eligible to have the deposit waived if you meet one of the following criteria.
A residential customer or applicant may be deemed as having established satisfactory credit if:
- The customer has been a customer of any REP or an electric utility within the two years prior to the request for electric service; is not delinquent in payment of any such electric service account, and during the last 12 consecutive months of service was not late in paying a bill more than once.
- The customer or applicant possesses a satisfactory credit rating obtained through a consumer reporting agency, as defined by the Federal Trade Commission.
- The customer or applicant is 65 years of age or older and the customer is not currently delinquent in payment of any electric service account.
- The customer or applicant has been determined to be a victim of family violence.
- The customer is medically indigent.
The requirements above are directly from the Texas Public Utility Commission §25.478 – Credit Requirements and Deposits.
Note: For any of the situations above, you must first complete your order an energy plan on ComparePower before you can obtain a waiver for your deposit.
After you’ve placed your order, you will receive an email with instructions as well as contact information for your new energy company.
Important: You must send your waiver information by email, phone, fax or mail to your new energy company (not to ComparePower).
As soon as your energy company receives your documentation, they will let you know that they’ve sent a request for your energy service to begin.
Remember, your energy company will not start your electric service until you satisfy any deposit requirement (you pay or receive a waiver).
If you have any questions on deposit waivers, you can contact us. One of our team members will get back to you as soon as possible.
Point Business Energy Rates
If you own a company in Point, you’ll discover many other businesses also have established themselves here.
Point is home to a significant number of small and large companies and is a thriving place to run a business.
To lower your electricity costs, you need to shop prices from competing providers.
ComparePower bridges the gap between your business and energy companies by inviting various energy companies to compete for your business in a sealed bid process.
You enroll your information on ComparePower and the providers will present their bids. You to choose the best price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
To learn more about Smart Meters, or to download your Electricity Usage, visit Smart Meter Texas.
To report an issue with your electricity service or power outages in Point, visit the Texas New Mexico (TNMP) website or call them at 1-888-866-7456.
For gas service in Point, call or visit Point official city website to determine who your provider is.
In Point, water, garbage, sewer, and recycling services are usually handled by the City of Point.
Other Utility service areas in Texas
Not in the Texas New Mexico (TNMP) Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
Don’t know your TDU? Use our zip code finder to search for your new low rate:
View electricity prices for Zip Codes in Point, Texas
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
Popular ZIP codes:
View electricity prices for cities near Point, Texas
Are you searching for a lower electricity rate in a different city? If so, you can find the location below, and then click to sign up for a more affordable electricity plan.
If your city is not on the list, use the zip code finder for a rate lower than what you currently pay in your city.
- Houston, TX
- Mission, TX
- Fort Worth, TX
- Dallas, TX
- Midland, TX
- Mcallen, TX
- Pearland, TX
- Corpus Christi, TX
- Big Spring, TX
- Alvin, TX
- Katy, TX
- Abilene, TX
- Sugar Land, TX
- Arlington, TX
- Missouri City, TX
- Laredo, TX
- Loraine, TX
- Harlingen, TX
- Richmond, TX
- Edinburg, TX
- Plano, TX
- Cypress, TX
- Killeen, TX
- Friendswood, TX
- Dickinson, TX
- Grand Prairie, TX
- Humble, TX
- Mesquite, TX
- Angleton, TX
- Tyler, TX
- Eagle Pass, TX
- Allen, TX
- Spring, TX
- Eden, TX
- Austin, TX
- Carrollton, TX
- Belton, TX
- Baytown, TX
- San Benito, TX
- Irving, TX
Don’t see your city or zip code? Enter your zip code below to search for your new low rate:
Don’t see your city or zip code? Enter your zip code below to search for your new low rate: